Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Greece - 2023
Contents:
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Greece (FOB) - 2023
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Greece (CIF) - 2023
- Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Greece
- Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Greece
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Greece (FOB) - 2023
In October 2023, the average export price for meat of sheep or goats; fresh, chilled or frozen amounted to $8,066 per ton, approximately reflecting the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 39% m-o-m. The export price peaked at $8,859 per ton in April 2023; however, from May 2023 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Spain ($10,790 per ton), while the average price for exports to the UK ($4,301 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Greece (CIF) - 2023
In October 2023, the average import price for meat of sheep or goats; fresh, chilled or frozen amounted to $4,721 per ton, reducing by -14% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2023 when the average import price increased by 77% month-to-month. The import price peaked at $7,615 per ton in February 2023; however, from March 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was New Zealand ($9,425 per ton), while the price for the Netherlands ($2,177 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by North Macedonia (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Greece
Exports of meat of sheep or goats; fresh, chilled or frozen from Greece stood at 9.5K tons in 2022, approximately reflecting 2021 figures. The total export volume increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 37% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of meat of sheep or goats; fresh, chilled or frozen shrank to $67M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 68% against the previous year. As a result, the exports attained the peak of $76M, and then fell in the following year.
| Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 18.9 | 20.7 | 37.5 | 25.6 | 10.6% |
| Spain | 12.8 | 10.3 | 16.3 | 14.8 | 5.0% |
| Portugal | 4.4 | 4.4 | 10.0 | 8.7 | 25.5% |
| Romania | 0.1 | 0.5 | 1.1 | 2.8 | 203.7% |
| Germany | 1.3 | 1.0 | 1.7 | 2.2 | 19.2% |
| Oman | N/A | 0.5 | 1.2 | 2.1 | 104.9% |
| Poland | 0.2 | 0.4 | 1.6 | 1.8 | 108.0% |
| Denmark | N/A | 0.4 | 1.0 | 1.7 | 106.2% |
| Bulgaria | 0.3 | 0.1 | 0.4 | 1.4 | 67.1% |
| United Kingdom | 0.1 | 1.7 | 1.0 | 1.2 | 128.9% |
| Albania | 0.4 | 0.3 | 0.3 | 1.1 | 40.1% |
| Cyprus | 3.4 | 3.2 | 1.6 | 0.9 | -35.8% |
| Others | 3.3 | 1.8 | 1.9 | 2.2 | -12.6% |
| Total | 45.3 | 45.2 | 75.7 | 66.8 | 13.8% |
Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Greece in 2022:
- Italy (3267.5 tons)
- Spain (1702.8 tons)
- Portugal (988.6 tons)
- Romania (740.5 tons)
- Oman (531.6 tons)
- Denmark (412.6 tons)
- Bulgaria (307.6 tons)
- Germany (276.0 tons)
- United Kingdom (273.7 tons)
- Albania (262.2 tons)
- Poland (202.5 tons)
- Cyprus (127.7 tons)
Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Greece
In 2022, after two years of decline, there was significant growth in purchases abroad of meat of sheep or goats; fresh, chilled or frozen, when their volume increased by 44% to 5.4K tons. In general, imports, however, continue to indicate a pronounced shrinkage.
In value terms, imports of meat of sheep or goats; fresh, chilled or frozen soared to $34M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 17.4 | 8.3 | 5.9 | 18.6 | 2.2% |
| Romania | 4.8 | 5.8 | 5.0 | 5.0 | 1.4% |
| Spain | 2.4 | 2.7 | 4.0 | 4.8 | 26.0% |
| Netherlands | 0.5 | 0.3 | 0.9 | 2.6 | 73.2% |
| North Macedonia | 0.9 | 1.2 | 2.0 | 1.4 | 15.9% |
| France | 0.8 | 0.3 | 0.9 | 1.2 | 14.5% |
| Bulgaria | 1.5 | 0.1 | 0.2 | N/A | -63.5% |
| Others | 0.9 | 0.6 | 1.2 | 1.0 | 3.6% |
| Total | 29.3 | 19.4 | 20.1 | 34.5 | 5.6% |
Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Greece in 2022:
- New Zealand (2258.6 tons)
- Romania (1457.8 tons)
- Spain (931.9 tons)
- Netherlands (213.9 tons)
- North Macedonia (199.9 tons)
- France (154.2 tons)
- Bulgaria (10.0 tons)
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